As of 20 Aug 2026, no StockTalk SA member has recorded a bullish, bearish or neutral stance on UMMIEA (Absa re Momentum International Equity Portfolio 1). The Sentiment Index for this stock begins as soon as the first member sets a view on this page, so there is no bullish or bearish share to report yet.
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from live member stances recorded by registered members on this page.
Absa re Momentum International Equity Portfolio 1 (UMMIEA) is an exchange-traded fund listed on the JSE that provides South African investors with exposure to international equity markets. The fund tracks a diversified portfolio of shares listed on exchanges outside South Africa, offering a convenient way for local investors to gain geographic diversification beyond domestic stocks. As an ETF, it trades on the JSE like a regular share, allowing investors to buy and sell units throughout the trading day at market prices. The fund is managed by Momentum, a prominent South African asset management firm, and operates under the Absa umbrella. By holding UMMIEA, investors gain indirect exposure to global companies across various sectors and geographies, helping to reduce concentration risk associated with investing solely in South African equities. The structure and liquidity of an ETF make it an accessible option for retail investors seeking international market participation.
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UMMIEA sitting at R183.11 with exposure to international equities. Given the rand's volatility and current offshore valuations, is anyone here still comfortable holding this at these levels or are you trimming for something more defensive locally?
Absa's Momentum International Equity Portfolio 1 closed at R178.96 and the fund's offshore exposure should buffer it when local equities get hammered, though the rand weakness cuts both ways on currency gains. Hard to get too excited about ETF yields right now, but at least you'r
| Market Cap | N/A |
|---|---|
| P/E Ratio | N/A |
| EPS (TTM) | N/A |
| Dividend Yield | N/A |
Current R 184,85 — 50% of range
| Volume | 5 |
|---|---|
| Sector | ETF |
| Industry | Exchange Traded Fund |
Fundamentals supplied by EODHD. Updated quarterly.